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Twitter Chief Operating Officer Adam Bain is leaving the company, according to a document the company filed with the Securities and Exchange Commission earlier this week. The news comes just weeks after Twitter's attempt to find a buyer failed Bain ran the company's entire revenue business. Chief Financial Officer Anthony Noto will step into his va...
PayPal cofounder Peter Thiel ran a victory lap following Tuesday's presidential election, but many other Silicon Valley figures were stunned by the historic upset victory of real estate mogul Donald Trump against former Secretary of State Hillary Clinton Thiel, a billionaire conservative activist, last month made headlines by donating US$1.25 milli...
Amazon Web Services recently expanded its menu of cloud services to give customers the option of using the Amazon Linux AMI on premises Customers can use the Amazon Container Image on premises for the purpose of developing and testing workloads, AWS Chief Evangelist Jeff Barr explained....
Samsung Electronics this week revealed plans to unveil its flagship Galaxy S8 mobile phone with a new digital assistant powered by AI. The assistant will be based on technology gained with Samsung's recent acquisition of Viv Labs The plans call for Samsung to incorporate the AI into its family of electronics and appliances, ranging from mobile devi...
Microsoft earlier this week said it had fallen victim to "Strontium," its code name for the Russian hacking group also known as "Fancy Bear," which has been linked to recent attacks on Democratic Party systems. The group launched a spear phishing attack that targeted vulnerabilities in both the Windows operating system and Adobe Flash, according ...
Amazon shares closed at US$785.14 on Monday, having failed to rebound from last week's slide. The company's stock had closed at $818.36 last Thursday, just before the company reported third-quarter earnings that fell surprisingly short of Wall Street estimates and warned of future revenue weakness. The share price dove $40-plus on Friday Amazon's n...
Peter Thiel, one of the few well-known Silicon Valley figures who has given Republican presidential candidate Donald Trump a public endorsement, on Monday reiterated his support at a National Press Club event in Washington He prefaced his remarks with a disclaimer....
Twitter shares were up Friday in the aftermath of the company's report of third-quarter earnings that beat Wall Street estimates, despite declining revenue growth. Twitter also announced a widely expected round of job cuts and the unexpected shutdown of Vine Twitter has been on financial oxygen in recent weeks, after failing to find a buyer. Invest...
IBM on Tuesday announced that it will incorporate its IBM Watson cognitive capabilities into the MobileFirst for iOS ecosystem to help boost the productivity of the global workforce. It was a little more than two years ago that the company entered a groundbreaking partnership with Apple to enhance the mobile enterprise space....
The American Civil Liberties Union recently uncovered evidence that led Twitter, Facebook and its Instagram subsidiary to stop sharing data with Geofeedia, a firm accused of improperly collecting social media data on protest groups, and sharing that information with numerous law enforcement agencies Geofeedia, a developer of location-based analytic...
A Linux security vulnerability first discovered more than a decade ago once again poses a threat, Red Hat warned last week, as an exploit that could allow attackers to gain enhanced privileges on affected computers has turned up in the wild Users need to take steps to patch their systems to prevent the exploit, known as "Dirty Cow," from granting a...
Twitter appears close to slashing another 300 jobs, or about 8 percent of its workforce, as it works to recover from a failed round of acquisition talks with several suitors The job cuts likely would be in sales, Bloomberg reported Monday, citing unnamed sources. Twitter might be taking steps to make itself look more attractive to investors in prep...
AT&T and Time Warner on Saturday announced they had reached a merger deal, setting off alarm bells across the industry. AT&T has agreed to buy Time Warner for US$85.4 billion. At least a year's worth of regulatory scrutiny, public hearings and political maneuvering is expected. The deal, which followed days of speculation and tightly held negotiat...
AT&T and Time Warner on Saturday announced they had reached a merger deal, setting off alarm bells across the industry. AT&T has agreed to buy Time Warner for US$85.4 billion. At least a year's worth of regulatory scrutiny, public hearings and political maneuvering is expected. The deal, which followed days of speculation and tightly held negotiat...
AT&T and Time Warner on Saturday announced they had reached a merger deal, setting off alarm bells across the industry. AT&T has agreed to buy Time Warner for US$85.4 billion. At least a year's worth of regulatory scrutiny, public hearings and political maneuvering is expected. The deal, which followed days of speculation and tightly held negotiat...
The Linux Foundation earlier this week announced the addition of the JS Foundation as a Linux Foundation project. The move is an effort to inject new energy into the JavaScript developer community By rebranding the former JQuery foundation as the JS Foundation and bringing it under the Linux umbrella, officials hope to create some stability and bui...
Red Hat and Ericsson on Wednesday announced an alliance meant to speed adoption of open source solutions in the information and communications technology space The alliance will help promote a range of fully open source and production-ready cloud solutions, spanning OpenStack, software defined-networking and software-defined infrastructure, the com...
Three owners of Galaxy Note7 smartphones this week filed acomplaint in a federal court in Newark, New Jersey, that could become a class action lawsuit against Samsung. "Plaintiffs and the Class have suffered injury in fact, incurred millions of dollars in fees, and have otherwise been harmed by Samsung's conduct," the complaint states....
The status of WikiLeaks founder Julian Assange grew a bit murky on Tuesday after the group accused the U.S. State Department of pressuring Ecuadorian officials to block him from posting additional emails linked to presidential candidate Hillary Clinton. The Ecuadorian foreign ministry on Tuesday acknowledged placing temporary restrictions on Assan...
Salesforce, the last known suitor for Twitter, last week officially bowed out of the running for an acquisition deal, a move that forces the embattled company either to look for a new savior or find some internal answers to its lingering inability to find a winning growth strategy. Salesforce walked away from the deal because it wasn't the right f...
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